Deep Industries Wins Rs 453 Million Oil India Rig Contract

03 Jul 2025 CW Team

Deep Industries has secured a contract worth approximately Rs 453.3 million from state-owned Oil India for the deployment of one mobile workover rig package. The contract will be executed over three years, strengthening Deep Industries’ position in India’s oil and gas field services market.

The mobile workover rig will support essential repair and maintenance operations on existing oil and gas wells, helping to restore or boost production efficiency. The project adds to Deep Industries’ diverse service portfolio, which includes air and gas compression, drilling and workover operations, and project management solutions.

Oil India is a major public-sector enterprise involved in the exploration, development, and production of crude oil and natural gas. The company also transports crude oil, produces liquefied petroleum gas (LPG), and provides a broad range of exploration and production (E&P) services.

This contract reflects the continuing demand for specialised services in the upstream energy sector and highlights Deep Industries’ growing role in supporting India’s energy infrastructure.

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